2 bed terraced house for sale

Princes Street, Shildon DL4

A ready-made investment opportunity located within the established residential area of Princes Street, Shildon, DL4, currently generating £375 pcm from reliable long-term tenants with no arrears history.

Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 11%. Comparable rental properties nearby are currently achieving between £400–£500 pcm for similar terraced homes, supporting future rental growth potential within the area. Recent rental data across DL4 shows average rents continuing to rise year-on-year, reflecting ongoing tenant demand.

Recent sales on Princes Street have ranged from approximately £40,000 to £76,999 depending on size and condition, highlighting the affordability of the area alongside strong yield performance for buy-to-let investors.

The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any portfolio.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.

All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.